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Section 40a(3)

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(Querist)
14 February 2012 If payment of Rs 20000 or above is made towards ELECTRICITY BILL on a single day in CASH then whether it would attract provisions of section 40A(3) ???
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
15 February 2012 Yes it, would attract provisions of Section 40A(3).
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
15 February 2012 Vexed issue. Please read the article in the link given here under and conclude accordingly. https://www.simpletaxindia.net/2010/04/electricity-bill-paid-in-cash-40a3.html
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